Coinbase, Circle Shares Surge After Stablecoin Bill Passes

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GENIUS Act Fuels Stablecoin surge: Circle & Coinbase Stocks Soar

Wall Street is buzzing as shares of Circle and Coinbase experienced significant rallies Wednesday. Investors are responding positively to the Senate’s approval of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which seeks to provide a federal framework for dollar-pegged stablecoins.

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